If you’re concerned about rising valuations in the stock market or just want some reliable income for your portfolio, now may be an optimal time to load on dividend stocks, many of which are looking incredibly cheap. While growth investors have largely looked past dividend stocks this year, the good news is that if you’re targeting these types of investments right now, you don’t have to look far to find some good deals. Three stocks that pay you more than the S&P 500 average yield of 1.2% and which are trading at cheap valuations include Merck (NYSE: MRK), Verizon Communications (NYSE: VZ), and Albertsons Companies (NYSE: ACI).
Yahoo! Finance: ACI News